French and German Socialism in Modern TimesEly, Richard T. (Richard Theodore)
History
French and German Socialism in Modern Times
Ely, Richard T. (Richard Theodore)
Socialism -- France; Socialism -- Germany
Now let us see how this produces pauperism and crises.
In society we find laborers, capitalists, and landlords. These classes
can exist only because there is a division of labor, and laborers
produce more than they consume. Landlords and capitalists receive what
is called rent, which is any income derived from the fact of possession
and not from labor. All the rest is labor’s share. Now how does it
happen that rent-receiving classes are able to exist? in other words,
how is one man enabled to take from another a part of the fruits of his
labor? This is because private property in land and capital exists.
Land and capital constitute the instruments of labor, and without them
production is impossible. Their possessors refuse to give them up to
another’s use unless a share of the produce is guaranteed them therefor,
while the laborer’s hunger and the sufferings of his family compel him
to assent. Labor is treated as a commodity. It is bought and sold like
other commodities, and its value depends on its cost. What is the cost
of labor? Manifestly the cost of continuing labor; in other words, such
means as will enable the laborer himself to live and to beget children
who shall continue to labor after he is gone. What the laborers require
to live, and to marry, and beget children in sufficient numbers to supply
the labor market, is their standard of life. This they obtain and no
more. Labor costs labor, and is measured by labor; but labor produces
more than it consumes, and this surplus-value is rent. Does the laborer’s
standard of life rise with the increase in productivity of economic
forces? No, it is even doubtful whether it is rising at all. Then the
conclusion is inevitable that labor’s proportion or quota decreases.
Rodbertus thinks he can prove, from the income returns in England since
1800, and from the division of the national product of England into rent,
wages, and profits, that the increased production of machine power,
estimated as equal to the labor of five hundred and fifty millions of
men, has benefited wholly and entirely landlords and capitalists.[166]
Rodbertus puts the matter as follows to laborers: “Under the _régime_
of _laissez-faire_ and with our present property laws, your level, your
portion of the goods produced, tends to fall, not to rise; to convince
yourselves, look at our situation in general. Has the separation in the
incomes of social classes become greater or smaller since we possess
machines and railroads, and productivity and production have increased
so remarkably? The answer cannot, indeed, be doubtful. Or consider our
situation in particular, and ask the oldest among you whether, during the
last forty years, wages—real wages, measured in what wages will buy—have
increased as much in your fatherland or your native city as land-rent,
or, what is the same, the value of the land, and as much as capital has
increased.”[167] We have here, then, an explanation of pauperism and of
discontent.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account